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It is interesting to note that after a little more than a decade, Canada has decided to stop investing and creating technologies and market infrastructure for cheque imaging to make the paper clearing...
It isn't hard to see why customers prefer to do their banking and bill-paying using a PC, rather than a mobile. Well it is hard to see, and that's the problem. Those tiny little mobile screens aren't ...
SEPA credit transfers went live at the beginning of this year and to date can hardly be called a resounding success. What is presented in the media and the party political line spouted by various pund...
Its amazing hos phisers manage to crack into On-line banking sites, obtain user authentication details and siphon money. Multi-factor authentication, bio-metric identification and enhanced security wi...
There are scores of start-ups in the emerging financial technology space, many of which provide substantially overlapping services, and all of which are, at some level, free. As we move through the c...
It's understandable that shareholders of banks are upset with the terms of the government lifeboat. The payment of dividends to shareholders is a prime reason for investment and in many cases the divi...
Conventional wisdom says that if merchants will just comply with PCI (payment card industry data security standard), then crooks will not steal card data from merchants. Under this wisdom, the US Fede...
The part nationalisation of UK banks looks like it will become a global phenomenon with the US already moving towards this solution and the EU following suit if weekend reports are accurate. Is this a...
The All Party Parliamentary Group's report on bank and credit account fraud highlights the growing threat to existing accounts. Equally concerning is the misuse of accounts through Direct Debit fraud,...
Now I know this might be a small issue in the whole scheme of the global financial meltdown but HSBC seems to be plummeting to new depths of desperation. Only this week, I learnt how HSBC has been
With the announcement that Lloyds TSB is adding the functionality to transfer funds via SMS through its mobile banking service, it’s starting to look like the industry may need to consider new authent...
One thing I recollect from the Great Depression (through the eyes of my grandfather) is that cash was king. Fortunately he taught me how to catch and skin a rabbit, which apparently may become a usefu...